Lightning Docs Named Official Loan Docs of
The American Association of Private Lenders (AAPL)
Lightning Docs Recognized as Private Lending Industry Standard
Business Purpose Loan Documents
Irvine, CA, October 11, 2022 — Lightning Docs, a proprietary cloud-based business purpose loan document generation system, has been named the Official Loan Docs of The American Association of Private Lenders (AAPL). Created by Geraci LLP attorneys and partners, Lightning Docs sets the standard in loan documents for the private lending industry. Users simply answer a few questions and can download attorney-grade loan documents.
“Lightning Docs is an innovative and efficient way for our Private Lending community to have access to needed high-quality loan documents. This makes the process seamless, productive, and cost-effective,” Eddie Wilson, CEO & Chairman of AAPL.
“Lightning Docs is a step in the right direction for the future of Private Lending,” said Nema Daghbandan, Esq., Partner at Geraci LLP. “This tool was created to fill a need for writing business purpose loans and allows clients to navigate the system autonomously, yet with the benefit of utilizing attorney-reviewed legal language that applies to loans of all types everywhere in the country. This allows clients the choice to control the entire loan document creation process at a fraction of the cost of working with attorneys. Lightning Docs currently generates more than $800,000,000 in loans each month and is set to exceed $1 Billion a month in loan doc creation before the end of 2022.”
As an official sponsor of AAPL’s 13th Annual Conference, Lightning Docs will have a booth and will also be conducting demos on the exhibit hall floor during the show.
“The American Association of Private Lenders is the oldest and most established national private lending organization in the country. They demand high standards and accountability as a requirement of membership and understand that an industry that self-governs is least likely to be regulated externally. We are so honored that they have identified Lightning Docs as the industry standard for business purpose loan documents. We look forward to partnering with AAPL for many years to come,” said Daghbandan.
When you are at AAPL’s conference, be sure to stop by the Geraci booth or set up a demo with the team to witness firsthand the future of private lending.
About Lightning Docs
Lightning Docs is a proprietary cloud-based business purpose loan document generation system developed in-house by the attorneys and partners at Geraci LLP. Lightning Docs permits its clients to generate business purpose loan documents nationwide at the click of a button. The system will generate any business purpose loan documents including bridge, fix and flip, ground-up construction, DSCR rental, portfolio rental, etc. The documents have been used for numerous rated and unrated securitizations and are considered the industry standard for the private lending industry. For more information about Lightning Docs please visit https://lightningdocs.com/ or contact Nema Daghbandan at nema@geracillp.com or 949-379-2600.
About Geraci LLP
Geraci Law Firm is the nation’s largest law firm dedicated almost exclusively to the private/non-conventional lending space and is the leading legal resource for specialty lenders, asset-based lenders, private lenders, and non-bank institutions. Our legal departments include Banking & Finance, Corporate & Securities, and Litigation & Bankruptcy, offering lenders a vertically integrated suite of services while our Geraci Conference Line provides networking and educational opportunities to the industry at large. For more information on Geraci LLP, visit https://geracilawfirm.com/ or contact us at 949-379-2600.
